Our focus on audit quality, PwC's fourth annual audit quality report continues our journey to increase transparency to our stakeholders about how we promote sustained audit quality. Similar to last year, the 2014 report includes detailed discussions about our culture and values, our skills, our infrastructure, our execution and our role in society. It also increases the number of Transparency Data Points, which are measures that provide greater insight into our audit practice. In short, the 2014 report provides meaningful information about the actions we have taken – and continue to take – in support of our commitment to perform high-quality audits -- our highest priority.

We hope you find the report to be informative, and we welcome your feedback.